What is Willis Towers Watson's revenue?

Willis Towers Watson (WTW) generated $9.9B in revenue over the trailing twelve months, up 0.9% year over year.

Is Willis Towers Watson profitable?

Willis Towers Watson reported $1.7B in net income over the trailing twelve months, a 16.8% net margin.

What is Willis Towers Watson's earnings per share?

Willis Towers Watson's diluted EPS over the trailing twelve months is $17.05.

Where does Willis Towers Watson's income statement data come from?

Every line is extracted from Willis Towers Watson's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

Willis Towers Watson WTW Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$9.9B+0.9%	$9.71B-2.2%	$9.81B0.0%	$9.81B+1.3%	$9.81B+2.4%
Rental income	$37M+68.2%	$33M+57.1%	$30M+57.9%	$24M+41.2%	$22M+46.7%
Compensation and benefits	$5.74B+4.6%	$5.63B+2.2%	$5.55B+1.7%	$5.54B+2.1%	$5.48B+2.1%
Occupancy and equipment	$124M-5.3%	$122M-15.3%	$130M-3.0%	$132M-9.6%	$131M-14.9%
Depreciation and amortization	$192M-10.3%	$192M-15.0%	$194M-17.8%	$203M-16.1%	$214M-15.1%
Provision for credit losses	——	——	$8M—	$10M—	$10M—
Other operating expenses	$1.43B-18.0%	$1.41B-23.2%	$1.57B-15.0%	$1.64B-10.2%	$1.74B-4.3%
Total costs & expenses	$7.65B-15.3%	$7.47B-19.7%	$7.69B-17.4%	$8.87B+7.5%	$9.03B+9.9%
Operating income	$2.25B+189%	$2.23B+256%	$2.12B+320%	$935M-34.6%	$779M-42.7%
Operating margin	22.7%+14.8pp	23%+16.7pp	21.6%+16.5pp	9.5%-5.2pp	7.9%-6.3pp
Interest expense	$272M+3.0%	$260M-1.1%	$260M0.0%	$260M+1.6%	$264M+7.8%
Interest income	$198M+5.3%	$192M+0.5%	$185M-6.6%	$188M-0.5%	$188M+2.2%
Other income (expense), net	$48M—	-$21M—	——	——	——
Income from equity method investments	-$26M—	-$22M—	——	——	——
Gain (loss) on disposal of assets	$26M—	$40M—	——	——	——
Income before income taxes	$2.03B+1,143%	$1.95B+1,815%	$2.7B+416%	$309M-76.4%	$163M-87.1%
Income tax expense	$323M+54.5%	$318M+65.6%	$561M+525%	$162M-24.7%	$209M-1.9%
Net income	$1.67B—	$1.61B—	——	——	——
Net margin	16.8%—	16.5%—	——	——	——
Net income attributable to noncontrolling interests	$10M0.0%	$8M-20.0%	$9M0.0%	$10M+11.1%	$10M0.0%
Diluted earnings per share	$17.05—	$16.28—	——	——	——
Basic earnings per share	$17.12—	$16.34—	——	——	——
Weighted-average shares, diluted	393M-3.7%	398M-3.2%	401M-3.4%	405M-3.1%	408M-3.3%
Weighted-average shares, basic	390M-4.2%	395M-3.7%	399M-3.4%	403M-3.1%	407M-3.1%
Amortization of acquired technology	$192M-10.3%	$192M-15.0%	$194M-17.8%	$203M-16.1%	$214M-15.1%
Business Combination Integration Related Costs Credits	$64M-77.5%	$23M-94.4%	$117M-71.9%	$189M-58.6%	$284M-37.2%
Depreciation Not Including Integration Component	$228M+1.3%	$226M-1.7%	$221M-5.6%	$225M-3.8%	$225M-6.6%
Accumulated Depreciation Depletion And Amortization Sale Of Property Plant And Equipment1	——	$78M-66.1%	$116M-47.2%	$154M-26.5%	$192M-3.6%
Accumulated Depreciation Depletion And Amortization Foreign Exchange	——	$65M+360%	$42.5M+470%	$20M+900%	-$2.5M-116%
Adjustments To Additional Paid In Capital Foreign Currency Translation Gain Loss	-$10M—	-$17M-289%	-$7M—	-$11M—	$0—
Adjustments To Additional Paid In Capital Sharebased Compensation And Net Settlements	$139M+52.7%	$134M+81.1%	$87M+6.1%	$84M+6.3%	$91M+4.6%
Pre-tax stock-based compensation cost	——	——	——	——	$127.75M+3.0%
Amount Payable From Option	——	$3M-25.0%	$3.25M-13.3%	$3.5M0.0%	$3.75M+15.4%
Book Of Business Settlements	$34M+54.5%	$28M+27.3%	$22M-15.4%	$23M+15.0%	$22M+4.8%
Cash Acquired From Acquisition	——	$0-100%	$2M-66.7%	$4M0.0%	$6M+200%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect	$328M—	$1.29B—	$638M—	$804M—	——
Dividends declared (in dollars per share)	$3.72+4.5%	$3.68+4.5%	$3.64+4.6%	$3.60+4.7%	$3.56+4.7%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent	$1.73B—	$1.93B—	——	——	——
Less: comprehensive income attributable to noncontrolling interest	$10M0.0%	$8M-20.0%	$9M0.0%	$10M-9.1%	$10M-16.7%
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	$1.74B—	$1.94B—	——	——	——
Impact to revenue from performance obligations satisfied (or partially satisfied) in previous periods	——	——	——	——	$33M-10.8%
Federal	——	-$52M-160%	-$17.5M-119%	$17M-82.3%	$51.5M-49.0%
Foreign	——	$121M+77.9%	$107.75M+76.6%	$94.5M+75.0%	$81.25M+72.9%
Current Income Tax Expense Benefit For Ireland	——	-$62M-184%	-$28M-149%	$6M-85.0%	$40M+73.9%
Current Other Jurisdictions Tax Expense Benefit	——	$224M+40.9%	$207.75M+36.7%	$191.5M+32.1%	$175.25M+27.0%
Current State And Local Tax Expense Benefit	——	$32M+77.8%	$28.5M+20.0%	$25M-15.3%	$21.5M-39.0%
Federal	——	$107M+164%	$38.75M+130%	-$29.5M+68.3%	-$97.75M-73.0%
Deferred Foreign Income Tax Expense Benefit	——	-$49M-88.5%	-$43.25M-22.7%	-$37.5M+15.7%	-$31.75M+40.9%
Deferred Income Tax Expense Benefit For Ireland	——	$1M0.0%	$1M0.0%	$1M0.0%	$1M0.0%
Deferred Income Tax Expense Benefit Including Discontinued Operations	$48M—	$55M—	——	——	——
Deferred Other Jurisdictions Tax Expense Benefit	——	-$11M-83.3%	-$9.75M-30.0%	-$8.5M+5.6%	-$7.25M+31.0%
State	——	$7M+144%	$1.25M+108%	-$4.5M+71.0%	-$10.25M+32.8%
Defined Benefit Plan Settlements Plan Assets	——	——	——	——	——
Defined Benefit Plans Percentage Of Obligation From Plans	——	——	——	——	——
Defined Contribution Plan Cost Recognized	$171M+3.0%	$170M+0.6%	$161M-2.4%	$165M+1.9%	$166M+3.1%
Depreciation	$228M+1.3%	$226M-1.7%	$221M-5.6%	$225M-3.8%	$225M-6.6%
Depreciation Expense Excluding Abandonment Of Internally Developed Software Asset	——	$226M-1.7%	$227M-2.6%	$228M-3.4%	$229M-4.2%
Derivative Instruments Gain Loss Reclassification From Accumulated OCI To Income Estimated Net Amount To Be Transferred	——	——	——	——	——
Dilutive Securities Effect On Basic Earnings Per Share	——	——	——	——	——
Gain in connection with sale	$26M—	$40M—	——	——	——
Dividends, Common Stock	$360M0.0%	$360M+0.6%	$359M+0.3%	$358M+0.6%	$360M+1.4%
Effect of exchange rate changes on cash, cash equivalents and restricted cash	$99M+230%	$208M+314%	$78M-19.6%	$163M+479%	$30M—
Effective tax rates	$0.36—	$0.39—	——	——	——
Effective Income Tax Rate Reconciliation Beat Amount	——	——	——	——	——
Effect of cross-border tax laws	——	$2M—	——	——	——
Effect of cross-border tax laws	——	——	——	——	——
Effective Income Tax Rate Reconciliation Effect Of Foreign Exchange And Other Differences	——	——	——	——	——
Global Intangible Low-taxed Income, net of credits	——	——	——	——	——
Effective Income Tax Rate Reconciliation Net Adjustments On Acquisition Costs	——	——	——	——	——
Effective Income Tax Rate Reconciliation On Subpart F Amount	——	——	——	——	——
Changes in unrecognized tax benefits	——	——	——	——	——
Share-Based Payment Arrangement, Expense, Tax Benefit	——	$23M+15.0%	$22.25M+9.9%	$21.5M+4.9%	$20.75M0.0%
Employee Services Share Based Compensation Tax Benefit Realized From Vesting Of RS Us	——	$17M-29.2%	$18.75M-7.4%	$20.5M+24.2%	$22.25M+74.5%
Fair Value Level Three Transfers Amount	$0—	$0—	$0—	$0—	$0—
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings	——	——	——	$8M—	$13M—
Other Comprehensive (Income) Loss	——	——	——	$2M+300%	$1M+200%
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements	$33M+313%	$33M+313%	$33M+57.1%	$38M+192%	$8M-46.7%
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Purchases	$23M—	$5M—	——	——	——
Amount of foreign currency translation increase (decrease)	——	——	——	-$16M—	$3M—
Acquired intangibles	$198M+1,423%	$14M-36.4%	$12M—	$22M—	$13M—
Gain (Loss), Foreign Currency Transaction, before Tax	——	——	——	-$11M—	$21M—
Foreign Currency Transaction Gain Loss Realized	-$13M-750%	-$17M-289%	-$4M-100%	-$4M-33.3%	$2M+167%
Gain on sale of business and assets	——	——	——	——	——
Goodwill Additions	$750.75M—	$9M—	——	——	——
Foreign Currency Translation and Other Adjustments	-$70M-1,300%	-$132M-306%	-$47M+33.8%	-$98M-644%	-$5M+86.1%
Income From Operations Before Income Loss From Equity Method Investments	$1.7B—	$1.64B—	——	——	——
Income Tax Reconciliation Change In Enacted Tax Rate	——	——	——	——	——
Effective Income Tax Rate Reconciliation, Deduction, Other, Amount	——	——	——	——	——
Business disposition	——	——	——	——	——
Income Tax Reconciliation Earnout Received And Changes In Uncertain Tax Positions	——	-$79M—	——	——	——
Income Tax Reconciliation Foreign Income Tax Rate Differential	——	——	——	——	——
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount	——	——	——	——	——
Nontaxable or Nondeductible items	——	——	——	——	——
Effective Income Tax Rate Reconciliation, Other Adjustments, Amount	——	-$1M+50.0%	-$1.25M+61.5%	-$1.5M+66.7%	-$1.75M+69.6%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount	——	——	——	——	——
Changes in unrecognized tax benefits	——	-$62M-282%	-$38M-241%	-$14M-170%	$10M-23.1%
Increase (Decrease) in Accounts Receivable	$215M+16.8%	$128M-45.1%	$122M-37.8%	$126M-50.0%	$184M-17.1%
Increase Decrease In Deferred Income Tax Assets And Liabilities	——	-$67M-110%	$112M—	$291M—	$470M—
Increase (Decrease) in Other Operating Assets	——	——	$216M-30.1%	$311M+17.4%	$319M+28.1%
Other liabilities	——	——	——	——	——
Increase Decrease In Provision For Liabilities	-$2M+88.9%	-$9M+57.1%	-$49M-200%	-$47M—	-$18M—
Interest income and other, net	$198M+5.3%	$192M+0.5%	$185M-6.6%	$188M-0.5%	$188M+2.2%
Interest Income	$157M-3.1%	$156M-6.0%	$157M-7.1%	$158M-4.2%	$162M+3.8%
Interest Paid, Excluding Capitalized Interest, Operating Activity	——	$252M+4.1%	$249.5M+5.2%	$247M+6.2%	$244.5M+7.4%
Lease Cost	$120M-26.4%	$124M-31.9%	$143M-22.3%	$152M-23.2%	$163M-22.0%
Lease Payment	——	$157M-0.6%	$157.25M-0.9%	$157.5M-1.3%	$157.75M-1.6%
Miscellaneous Other Non Operating Income Expense	——	——	——	——	——
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation	——	——	-$1.98B—	——	——
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation	——	——	——	$1.02B+579%	$240M+122%
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	$1.8B+23.9%	$1.78B+17.4%	$1.6B+11.7%	$1.41B+4.5%	$1.45B+17.7%
Net Income Loss Attributable To Noncontrolling Interest	$10M0.0%	$8M-20.0%	$9M0.0%	$10M+11.1%	$10M0.0%
Net loss	$1.68B—	$1.61B—	——	——	——
Net Periodic Defined Benefits Expense Reversal Of Expense Excluding Service Cost Component	-$31M-197%	$50M+177%	$50M+154%	$40M+140%	$32M+131%
Net Proceeds From Fiduciary Funds Held For Clients	——	——	——	——	——
Non Cash Or Part Non Cash Acquisition Fair Value Of Deferred And Contingent Consideration	——	$6M+100%	$5.25M+75.0%	$4.5M+50.0%	$3.75M+25.0%
Number of reportable segments	——	——	——	——	——
Number of reporting units	——	6-14.3%	6.3-10.7%	6.5-7.1%	6.8-3.6%
Operating lease right-of-use assets amortization expense	$97M+1.0%	$97M-1.0%	$93M-5.1%	$96M0.0%	$96M-8.6%
Other Comprehensive Income Loss Before Tax	——	$294M+188%	$136.5M+140%	-$21M+94.1%	-$178.5M+50.6%
Unrealized gains (losses) on hedge instruments	——	$3M+175%	$1.25M+150%	-$500K+50.0%	-$2.25M-550%
Foreign currency translation gains (losses)	——	$412M+302%	$258M+335%	$104M+771%	-$50M-163%
Other Comprehensive Income Loss Net Of Tax Including Portion Attributable To Nonredeemable Noncontrolling Interest	——	——	$101M+153%	$215M+157%	-$30M+91.0%
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	——	$91M-3.2%	$91.75M-46.8%	$92.5M-63.1%	$93.25M-71.7%
Tax expense (benefit)	——	-$30M+11.8%	-$31M+48.1%	-$32M+62.6%	-$33M+70.3%
Membership and other income	$7M+75.0%	$8M+167%	$6M+100%	$7M+75.0%	$4M-42.9%
Other Noncash Income (Expense)	-$68M-15.3%	-$59M-1.7%	-$60M-42.9%	-$54M-45.9%	-$59M-103%
Other income, net (Note 6)	$48M—	-$21M—	——	——	——
Payments For Proceeds From Sale Of Operations	——	-$870M-40.5%	-$807.25M-65.9%	-$744.5M-110%	-$681.75M-208%
Payments for Repurchase of Common Stock	$1.75B+75.0%	$1.65B+83.1%	$1.7B+141%	$1.3B+53.5%	$1B+0.3%
Payments of Debt Issuance Costs	$14M—	$10M—	——	——	——
Payments of Ordinary Dividends, Common Stock	$358M+0.6%	$358M+1.1%	$358M+1.7%	$357M+1.7%	$356M+1.4%
Payment, Tax Withholding, Share-Based Payment Arrangement	$56M+5.7%	$56M0.0%	$79M+126%	$75M+127%	$53M+104%
Payments to Acquire Businesses, Net of Cash Acquired	$806M+796%	$15M-85.6%	$90M—	$100M—	$90M—
Payments to Acquire Equity Method Investments	$43M—	$35M—	$19M—	$11M—	——
Payments to Acquire Productive Assets	$233M-1.3%	$229M-6.5%	$222M-11.0%	$228M-7.7%	$236M-2.3%
Pension and Other Postretirement Benefits Expense (Reversal of Expense), Noncash	$30M-68.8%	$112M+2,700%	$119M+667%	$109M+519%	$96M+536%
Proceeds From Income Tax Refund Federal	——	$115M—	——	——	——
Proceeds from new debt	——	——	——	——	——
Change in Securities Purchased under Agreements to Resell	——	——	——	——	——
Property Plant And Equipment Additions	——	$229M-5.8%	$232.5M-5.1%	$236M-4.5%	$239.5M-3.8%
Retired property, plant and equipment	——	$83M-71.1%	$134M-50.2%	$185M-26.4%	$236M+1.0%
Property Plant And Equipment Increase Decrease Due To Foreign Exchange	——	$101M+353%	$65.75M+470%	$30.5M+578%	-$4.75M-118%
Net additions (releases) charged to costs and expenses	——	——	$8M—	$10M—	$10M—
Tax effect	-$11M-57.1%	-$13M-62.5%	-$10M+56.5%	-$9M+43.8%	-$7M+22.2%
Reimbursable Expenses And Other	$89M-3.3%	$88M-3.3%	$94M+4.4%	$95M+3.3%	$92M-2.1%
Repayments of Long-Term Debt	$555M-15.3%	$5M-99.2%	$6M-99.1%	$5M-99.4%	$655M+158%
Revenue From Contract With Customer Excluding Assessed Tax	$9.7B+0.8%	$9.52B-2.3%	$9.62B+0.1%	$9.62B+1.3%	$9.62B+2.4%
Stock-based compensation	$158M+17.9%	$153M+26.4%	$140M+13.8%	$135M+11.6%	$134M+8.9%
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Period Increase Decrease	——	——	——	——	——
Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Number Of Employees Affected	——	——	——	——	——
Share-based Goods and Nonemployee Services Transaction, Modification of Terms, Incremental Compensation Cost	——	——	——	——	——
Stock-based compensation, shares issued during period (in shares)	——	——	——	——	——
Distributed under benefit plans	——	——	——	——	——
Stock Issued During Period Value Acquisitions	——	——	——	——	——
Value of shares repurchased	$1.75B+75.0%	$1.65B+83.1%	$1.7B+141%	$1.3B+53.5%	$1B+0.3%
Tax On Unremitted Earnings Net Of Foreign Tax Credits	——	——	——	——	——
Undistributed Earnings	——	$37.4B+17.6%	$36B+27.1%	$34.6B+39.2%	$33.2B+55.3%
Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions	——	$45M+2,150%	$34.25M+813%	$23.5M+327%	$12.75M+75.9%
Unrecognized tax benefits, settlements	——	$16M—	$12M—	$8M—	$4M—
Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions	——	$2M-93.3%	$9M-61.3%	$16M-3.0%	$23M+136%
Additions for tax positions of prior years	——	$16M+300%	$13M+108%	$10M+17.6%	$7M-34.9%
Unrecognized tax benefit, interest expense (income)	——	$1M-50.0%	$1.25M—	$1.5M—	$1.75M—
Unrecognized Tax Benefits Other Increase Decrease	——	$2M+300%	$1.25M+350%	$500K—	-$250K-150%
Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations	——	$1M-50.0%	$1.25M-50.0%	$1.5M-50.0%	$1.75M-50.0%
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount	——	$11M+257%	$6.5M+286%	$2M—	-$2.5M-171%
Variable Lease Cost	$31M-40.4%	$33M-41.1%	$40M-39.4%	$41M-37.9%	$52M-21.2%
Add: dilutive effect of potential common shares (in shares)	——	——	$2M+100%	$2M+100%	$1M0.0%
EBIT	$2.25B+189%	$2.23B+256%	$2.12B+320%	$935M-34.6%	$779M-42.7%
EBITDA	$2.67B+119%	$2.65B+145%	$2.53B+160%	$1.36B-28.5%	$1.22B-34.3%
EBITDA	$2.67B+119%	$2.65B+145%	$2.53B+160%	$1.36B-28.5%	$1.22B-34.3%
EBITDA margin	27%+14.6pp	27.3%+16.4pp	25.8%+15.9pp	13.9%-5.8pp	12.4%-6.9pp
EBIT	$2.25B+189%	$2.23B+256%	$2.12B+320%	$935M-34.6%	$779M-42.7%

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Questions, answered.

What is Willis Towers Watson's revenue?: Willis Towers Watson (WTW) generated $9.9B in revenue over the trailing twelve months, up 0.9% year over year.
Is Willis Towers Watson profitable?: Willis Towers Watson reported $1.7B in net income over the trailing twelve months, a 16.8% net margin.
What is Willis Towers Watson's earnings per share?: Willis Towers Watson's diluted EPS over the trailing twelve months is $17.05.
Where does Willis Towers Watson's income statement data come from?: Every line is extracted from Willis Towers Watson's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.